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Go Back WednesdayJune 6, 2012 — 3:00pm


Substitute Trustees’ Sale: 14 Commercial Parcels in Baltimore City

See below for addresses and locations

Location: To be held at The Clarence M. Mitchell Courthouse, 100 N. Calvert St. (Calvert Street Entrance), Baltimore, Maryland 21202

12 EAST BIDDLE STREET
15 EAST EAGER STREET
110 EAST PRESTON STREET
112-114 EAST PRESTON STREET
214 WEST MONUMENT STREET
717 PARK AVENUE
1017 ST. PAUL STREET
1200 ST. PAUL STREET
1210 ST. PAUL STREET
1212 ST. PAUL STREET
1216 ST. PAUL STREET
1218 ST. PAUL STREET
1222 ST. PAUL STREET
1224 ST. PAUL STREET
BALTIMORE CITY, MARYLAND

TO BE OFFERED IN FOURTEEN SEPARATE OFFERINGS

 

 

UNDER AND BY VIRTUE of the powers of sale contained in the Indemnity Deeds of Trust listed below (all, collectively, the “Deeds of Trust”), all as having been recorded among the Land Records of Baltimore City, Maryland (the “Land Records”), STABILIS FUND II, LLC, a Delaware limited liability company (“Lender”) as the holder of the indebtedness secured by the Deeds of Trust having appointed SHAUN F. CARRICK and RICHARD L. COSTELLA as Substitute Trustees by Deed of Removal of Trustees and Appointment of Successor Trustees dated April 6, 2012, and recorded among the Land Records, at Liber 14195, folio 207; and default having occurred under the terms of the Deeds of Trust, and the Lender having made request of the Substitute Trustees, the undersigned Substitute Trustees, or either of them, will offer for sale at Public Auction the fourteen lots or parcels of real property described below (such parcels being referred to, individually as well as collectively, as the context requires, as the “Property”).

THE DEEDS OF TRUST: 

THE FOURTEEN DEEDS OF TRUST ARE IDENTIFIED AS FOLLOWS:  Indemnity Deed of Trust, Security Agreement, Assignment of Leases and Rents and Fixture Filing from DOWNTOWN REAL ESTATE, LLC, the Defendant, to JOHN BURSON, as Trustee for the benefit of WASHINGTON MUTUAL BANK, F.A., as Beneficiary, dated May 31, 2007, and recorded among the Land Records at Liber 9568, folio 286, encumbering real property known as 12 EAST BIDDLE STREET, BALTIMORE CITY, MARYLAND; as assigned by Assignment of Deed of Trust, Security Agreement, Assignment of Leases and Rents and Fixture Filing from THE FEDERAL DEPOSIT INSURANCE CORPORATION, as Receiver for WASHINGTON MUTUAL BANK, formerly known as WASHINGTON MUTUAL BANK, F.A., to U.S. BANK NATIONAL ASSOCIATION, TRUSTEE OF THE WAMU 2007 MF-1 TRUST, dated September 13, 2010, and recorded among the Land Records at Liber 13321, folio 50; as assigned by Assignment of Deed of Trust, Security Agreement, Assignment of Leases and Rents and Fixture Filing from U.S. BANK NATIONAL ASSOCIATION, TRUSTEE OF THE WAMU 2007 MF-1 TRUST, to JPMORGAN CHASE BANK, N.A., dated November 18, 2010, and recorded among the Land Records at Liber 13321, folio 114; and as assigned by Assignment of Loan Documents from JPMORGAN CHASE BANK, N.A., to STABILIS FUND II, LLC, dated December 22, 2011, and recorded among the Land Records at Liber 14069, folio 181; and,

Indemnity Deed of Trust, Security Agreement, Assignment of Leases and Rents and Fixture Filing from DOWNTOWN REAL ESTATE, LLC, the Defendant, to JOHN BURSON, as Trustee for the benefit of WASHINGTON MUTUAL BANK, F.A., as Beneficiary, dated May 31, 2007, and recorded among the Land Records at Liber 9568, folio 318, encumbering real property known as 15 E. EAGER STREET, BALTIMORE CITY, MARYLAND; as assigned by Assignment of Deed of Trust, Security Agreement, Assignment of Leases and Rents and Fixture Filing from THE FEDERAL DEPOSIT INSURANCE CORPORATION, as Receiver for WASHINGTON MUTUAL BANK, formerly known as WASHINGTON MUTUAL BANK, F.A., to U.S. BANK NATIONAL ASSOCIATION, TRUSTEE OF THE WAMU 2007 MF-1 TRUST, dated September 13, 2010, and recorded among the Land Records at Liber 13321, folio 042; as assigned by Assignment of Deed of Trust, Security Agreement, Assignment of Leases and Rents and Fixture Filing from U.S. BANK NATIONAL ASSOCIATION, TRUSTEE OF THE WAMU 2007 MF-1 TRUST, to JPMORGAN CHASE BANK, N.A., dated November 18, 2010, and recorded among the Land Records at Liber 13321, folio 106; and as assigned by Assignment of Loan Documents from JPMORGAN CHASE BANK, N.A., to STABILIS FUND II, LLC, dated December 22, 2011, and recorded among the Land Records at Liber 14069, folio 121; and

Indemnity Deed of Trust, Security Agreement, Assignment of Leases and Rents and Fixture Filing from DOWNTOWN REAL ESTATE, LLC, the Defendant, to JOHN BURSON, as Trustee for the benefit of WASHINGTON MUTUAL BANK, F.A., as Beneficiary, dated May 31, 2007, and recorded among the Land Records at Liber 9568, folio 510, encumbering real property known as 110 E. PRESTON STREET, BALTIMORE CITY, MARYLAND; as assigned by Assignment of Deed of Trust, Security Agreement, Assignment of Leases and Rents and Fixture Filing from THE FEDERAL DEPOSIT INSURANCE CORPORATION, as Receiver for WASHINGTON MUTUAL BANK, formerly known as WASHINGTON MUTUAL BANK, F.A., to U.S. BANK NATIONAL ASSOCIATION, TRUSTEE OF THE WAMU 2007 MF-1 TRUST, dated September 13, 2010, and recorded among the Land Records at Liber 13321, folio 026; as assigned by Assignment of Deed of Trust, Security Agreement, Assignment of Leases and Rents and Fixture Filing from U.S. BANK NATIONAL ASSOCIATION, TRUSTEE OF THE WAMU 2007 MF-1 TRUST, to JPMORGAN CHASE BANK, N.A., dated November 18, 2010, and recorded among the Land Records at Liber 13321, folio 090; and as assigned by Assignment of Loan Documents from JPMORGAN CHASE BANK, N.A., to STABILIS FUND II, LLC, dated December 22, 2011, and recorded among the Land Records at Liber 14069, folio 156; and,

Indemnity Deed of Trust, Security Agreement, Assignment of Leases and Rents and Fixture Filing from DOWNTOWN REAL ESTATE, LLC, the Defendant, to JOHN BURSON, as Trustee for the benefit of WASHINGTON MUTUAL BANK, F.A., as Beneficiary, dated May 31, 2007, and recorded among the Land Records at Liber 9568, folio 414, encumbering real property known as 112-114 E. PRESTON STREET, BALTIMORE CITY, MARYLAND; as assigned by Assignment of Deed of Trust, Security Agreement, Assignment of Leases and Rents and Fixture Filing from THE FEDERAL DEPOSIT INSURANCE CORPORATION, as Receiver for WASHINGTON MUTUAL BANK, formerly known as WASHINGTON MUTUAL BANK, F.A., to U.S. BANK NATIONAL ASSOCIATION, TRUSTEE OF THE WAMU 2007 MF-1 TRUST, dated September 13, 2010, and recorded among the Land Records at Liber 13321, folio 030; as assigned by Assignment of Deed of Trust, Security Agreement, Assignment of Leases and Rents and Fixture Filing from U.S. BANK NATIONAL ASSOCIATION, TRUSTEE OF THE WAMU 2007 MF-1 TRUST, to JPMORGAN CHASE BANK, N.A., dated November 18, 2010, and recorded among the Land Records at Liber 13321, folio 094; and as assigned by Assignment of Loan Documents from JPMORGAN CHASE BANK, N.A., to STABILIS FUND II, LLC, dated December 22, 2011, and recorded among the Land Records at Liber 14069, folio 126; and,

Indemnity Deed of Trust, Security Agreement, Assignment of Leases and Rents and Fixture Filing from DOWNTOWN REAL ESTATE, LLC, the Defendant, to JOHN BURSON, as Trustee for the benefit of WASHINGTON MUTUAL BANK, F.A., as Beneficiary, dated May 31, 2007, and recorded among the Land Records at Liber 9568, folio 368, encumbering real property known as 214 W. MONUMENT STREET, BALTIMORE CITY, MARYLAND; as assigned by Assignment of Deed of Trust, Security Agreement, Assignment of Leases and Rents and Fixture Filing from THE FEDERAL DEPOSIT INSURANCE CORPORATION, as Receiver for WASHINGTON MUTUAL BANK, formerly known as WASHINGTON MUTUAL BANK, F.A., to U.S. BANK NATIONAL ASSOCIATION, TRUSTEE OF THE WAMU 2007 MF-1 TRUST, dated September 13, 2010, and recorded among the Land Records at Liber 13321, folio 038; as assigned by Assignment of Deed of Trust, Security Agreement, Assignment of Leases and Rents and Fixture Filing from U.S. BANK NATIONAL ASSOCIATION, TRUSTEE OF THE WAMU 2007 MF-1 TRUST, to JPMORGAN CHASE BANK, N.A., dated November 18, 2010, and recorded among the Land Records at Liber 13321, folio 102; and as assigned by Assignment of Loan Documents from JPMORGAN CHASE BANK, N.A., to STABILIS FUND II, LLC, dated December 22, 2011, and recorded among the Land Records at Liber 14069, folio 151; and,

Indemnity Deed of Trust, Security Agreement, Assignment of Leases and Rents and Fixture Filing from DOWNTOWN REAL ESTATE, LLC, the Defendant, to JOHN BURSON, as Trustee for the benefit of WASHINGTON MUTUAL BANK, F.A., as Beneficiary, dated May 31, 2007, and recorded among the Land Records at Liber 9568, folio 382, encumbering real property known as 717 PARK AVENUE, BALTIMORE CITY, MARYLAND; as assigned by Assignment of Deed of Trust, Security Agreement, Assignment of Leases and Rents and Fixture Filing from THE FEDERAL DEPOSIT INSURANCE CORPORATION, as Receiver for WASHINGTON MUTUAL BANK, formerly known as WASHINGTON MUTUAL BANK, F.A., to U.S. BANK NATIONAL ASSOCIATION, TRUSTEE OF THE WAMU 2007 MF-1 TRUST, dated September 13, 2010, and recorded among the Land Records at Liber 13321, folio 014; as assigned by Assignment of Deed of Trust, Security Agreement, Assignment of Leases and Rents and Fixture Filing from U.S. BANK NATIONAL ASSOCIATION, TRUSTEE OF THE WAMU 2007 MF-1 TRUST, to JPMORGAN CHASE BANK, N.A., dated November 18, 2010, and recorded among the Land Records at Liber 13321, folio 078; and as assigned by Assignment of Loan Documents from JPMORGAN CHASE BANK, N.A., to STABILIS FUND II, LLC, dated December 22, 2011, and recorded among the Land Records at Liber 14069, folio 141; and,

Indemnity Deed of Trust, Security Agreement, Assignment of Leases and Rents and Fixture Filing from DOWNTOWN REAL ESTATE, LLC, the Defendant, to JOHN BURSON, as Trustee for the benefit of WASHINGTON MUTUAL BANK, F.A., as Beneficiary, dated May 31, 2007, and recorded among the Land Records at Liber 9568, folio 478, encumbering real property known as 1200 ST. PAUL STREET, BALTIMORE CITY, MARYLAND; as assigned by Assignment of Deed of Trust, Security Agreement, Assignment of Leases and Rents and Fixture Filing from THE FEDERAL DEPOSIT INSURANCE CORPORATION, as Receiver for WASHINGTON MUTUAL BANK, formerly known as WASHINGTON MUTUAL BANK, F.A., to U.S. BANK NATIONAL ASSOCIATION, TRUSTEE OF THE WAMU 2007 MF-1 TRUST, dated September 13, 2010, and recorded among the Land Records at Liber 13321, folio 022; as assigned by Assignment of Deed of Trust, Security Agreement, Assignment of Leases and Rents and Fixture Filing from U.S. BANK NATIONAL ASSOCIATION, TRUSTEE OF THE WAMU 2007 MF-1 TRUST, to JPMORGAN CHASE BANK, N.A., dated November 18, 2010, and recorded among the Land Records at Liber 13321, folio 086; and as assigned by Assignment of Loan Documents from JPMORGAN CHASE BANK, N.A., to STABILIS FUND II, LLC, dated December 22, 2011, and recorded among the Land Records at Liber 14069, folio 131; and,

Indemnity Deed of Trust, Security Agreement, Assignment of Leases and Rents and Fixture Filing from DOWNTOWN REAL ESTATE, LLC, the Defendant, to JOHN BURSON, as Trustee for the benefit of WASHINGTON MUTUAL BANK, F.A., as Beneficiary, dated May 31, 2007, and recorded among the Land Records at Liber 9568, folio 254, encumbering real property known as 1210 ST. PAUL STREET, BALTIMORE CITY, MARYLAND; as assigned by Assignment of Deed of Trust, Security Agreement, Assignment of Leases and Rents and Fixture Filing from THE FEDERAL DEPOSIT INSURANCE CORPORATION, as Receiver for WASHINGTON MUTUAL BANK, formerly known as WASHINGTON MUTUAL BANK, F.A., to U.S. BANK NATIONAL ASSOCIATION, TRUSTEE OF THE WAMU 2007 MF-1 TRUST, dated September 13, 2010, and recorded among the Land Records at Liber 13321, folio 062; as assigned by Assignment of Deed of Trust, Security Agreement, Assignment of Leases and Rents and Fixture Filing from U.S. BANK NATIONAL ASSOCIATION, TRUSTEE OF THE WAMU 2007 MF-1 TRUST, to JPMORGAN CHASE BANK, N.A., dated November 18, 2010, and recorded among the Land Records at Liber 13321, folio 126; and as assigned by Assignment of Loan Documents from JPMORGAN CHASE BANK, N.A., to STABILIS FUND II, LLC, dated December 22, 2011, and recorded among the Land Records at Liber 14069, folio 176; and,

Indemnity Deed of Trust, Security Agreement, Assignment of Leases and Rents and Fixture Filing from DOWNTOWN REAL ESTATE, LLC, the Defendant, to JOHN BURSON, as Trustee for the benefit of WASHINGTON MUTUAL BANK, F.A., as Beneficiary, dated May 31, 2007, and recorded among the Land Records at Liber 9568, folio 001, encumbering real property known as 1212 ST. PAUL STREET, BALTIMORE CITY, MARYLAND; as assigned by Assignment of Deed of Trust, Security Agreement, Assignment of Leases and Rents and Fixture Filing from THE FEDERAL DEPOSIT INSURANCE CORPORATION, as Receiver for WASHINGTON MUTUAL BANK, formerly known as WASHINGTON MUTUAL BANK, F.A., to U.S. BANK NATIONAL ASSOCIATION, TRUSTEE OF THE WAMU 2007 MF-1 TRUST, dated September 13, 2010, and recorded among the Land Records at Liber 13321, folio 034; as assigned by Assignment of Deed of Trust, Security Agreement, Assignment of Leases and Rents and Fixture Filing from U.S. BANK NATIONAL ASSOCIATION, TRUSTEE OF THE WAMU 2007 MF-1 TRUST, to JPMORGAN CHASE BANK, N.A., dated November 18, 2010, and recorded among the Land Records at Liber 13321, folio 098; and as assigned by Assignment of Loan Documents from JPMORGAN CHASE BANK, N.A., to STABILIS FUND II, LLC, dated December 22, 2011, and recorded among the Land Records at Liber 14069, folio 161; and,

Indemnity Deed of Trust, Security Agreement, Assignment of Leases and Rents and Fixture Filing from DOWNTOWN REAL ESTATE, LLC, the Defendant, to JOHN BURSON, as Trustee for the benefit of WASHINGTON MUTUAL BANK, F.A., as Beneficiary, dated May 31, 2007, and recorded among the Land Records at Liber 9568, folio 368, encumbering real property known as 1216 ST PAUL STREET, BALTIMORE CITY, MARYLAND; as assigned by Assignment of Deed of Trust, Security Agreement, Assignment of Leases and Rents and Fixture Filing from THE FEDERAL DEPOSIT INSURANCE CORPORATION, as Receiver for WASHINGTON MUTUAL BANK, formerly known as WASHINGTON MUTUAL BANK, F.A., to U.S. BANK NATIONAL ASSOCIATION, TRUSTEE OF THE WAMU 2007 MF-1 TRUST, dated September 13, 2010, and recorded among the Land Records at Liber 13321, folio 038; as assigned by Assignment of Deed of Trust, Security Agreement, Assignment of Leases and Rents and Fixture Filing from U.S. BANK NATIONAL ASSOCIATION, TRUSTEE OF THE WAMU 2007 MF-1 TRUST, to JPMORGAN CHASE BANK, N.A., dated November 18, 2010, and recorded among the Land Records at Liber 13321, folio 102; and as assigned by Assignment of Loan Documents from JPMORGAN CHASE BANK, N.A., to STABILIS FUND II, LLC, dated December 22, 2011, and recorded among the Land Records at Liber 14069, folio 151; and

Indemnity Deed of Trust, Security Agreement, Assignment of Leases and Rents and Fixture Filing from DOWNTOWN REAL ESTATE, LLC, the Defendant, to JOHN BURSON, as Trustee for the benefit of WASHINGTON MUTUAL BANK, F.A., as Beneficiary, dated May 31, 2007, and recorded among the Land Records at Liber 9568, folio 446, encumbering real property known as 1017 ST. PAUL STREET, BALTIMORE CITY, MARYLAND; as assigned by Assignment of Deed of Trust, Security Agreement, Assignment of Leases and Rents and Fixture Filing from THE FEDERAL DEPOSIT INSURANCE CORPORATION, as Receiver for WASHINGTON MUTUAL BANK, formerly known as WASHINGTON MUTUAL BANK, F.A., to U.S. BANK NATIONAL ASSOCIATION, TRUSTEE OF THE WAMU 2007 MF-1 TRUST, dated September 13, 2010, and recorded among the Land Records at Liber 13321, folio 018; as assigned by Assignment of Deed of Trust, Security Agreement, Assignment of Leases and Rents and Fixture Filing from U.S. BANK NATIONAL ASSOCIATION, TRUSTEE OF THE WAMU 2007 MF-1 TRUST, to JPMORGAN CHASE BANK, N.A., dated November 18, 2010, and recorded among the Land Records at Liber 13321, folio 082; and as assigned by Assignment of Loan Documents from JPMORGAN CHASE BANK, N.A., to STABILIS FUND II, LLC, dated December 22, 2011, and recorded among the Land Records at Liber 14069, folio 196; and,

Indemnity Deed of Trust, Security Agreement, Assignment of Leases and Rents and Fixture Filing from DOWNTOWN REAL ESTATE, LLC, the Defendant, to JOHN BURSON, as Trustee for the benefit of WASHINGTON MUTUAL BANK, F.A., as Beneficiary, dated May 31, 2007, and recorded among the Land Records at Liber 9568, folio 33, encumbering real property known as 1218 ST. PAUL STREET, BALTIMORE CITY, MARYLAND; as assigned by Assignment of Deed of Trust, Security Agreement, Assignment of Leases and Rents and Fixture Filing from THE FEDERAL DEPOSIT INSURANCE CORPORATION, as Receiver for WASHINGTON MUTUAL BANK, formerly known as WASHINGTON MUTUAL BANK, F.A., to U.S. BANK NATIONAL ASSOCIATION, TRUSTEE OF THE WAMU 2007 MF-1 TRUST, dated September 13, 2010, and recorded among the Land Records at Liber 13321, folio 046; as assigned by Assignment of Deed of Trust, Security Agreement, Assignment of Leases and Rents and Fixture Filing from U.S. BANK NATIONAL ASSOCIATION, TRUSTEE OF THE WAMU 2007 MF-1 TRUST, to JPMORGAN CHASE BANK, N.A., dated November 18, 2010, and recorded among the Land Records at Liber 13321, folio 110; and as assigned by Assignment of Loan Documents from JPMORGAN CHASE BANK, N.A., to STABILIS FUND II, LLC, dated December 22, 2011, and recorded among the Land Records at Liber 14069, folio 166; and,

Indemnity Deed of Trust, Security Agreement, Assignment of Leases and Rents and Fixture Filing from DOWNTOWN REAL ESTATE, LLC, the Defendant, to JOHN BURSON, as Trustee for the benefit of WASHINGTON MUTUAL BANK, F.A., as Beneficiary, dated May 31, 2007, and recorded among the Land Records at Liber 9568, folio 65, encumbering real property known as 1222 ST. PAUL STREET, BALTIMORE CITY, MARYLAND; as assigned by Assignment of Deed of Trust, Security Agreement, Assignment of Leases and Rents and Fixture Filing from THE FEDERAL DEPOSIT INSURANCE CORPORATION, as Receiver for WASHINGTON MUTUAL BANK, formerly known as WASHINGTON MUTUAL BANK, F.A., to U.S. BANK NATIONAL ASSOCIATION, TRUSTEE OF THE WAMU 2007 MF-1 TRUST, dated September 13, 2010, and recorded among the Land Records at Liber 13321, folio 058; as assigned by Assignment of Deed of Trust, Security Agreement, Assignment of Leases and Rents and Fixture Filing from U.S. BANK NATIONAL ASSOCIATION, TRUSTEE OF THE WAMU 2007 MF-1 TRUST, to JPMORGAN CHASE BANK, N.A., dated November 18, 2010, and recorded among the Land Records at Liber 13321, folio 122; and as assigned by Assignment of Loan Documents from JPMORGAN CHASE BANK, N.A., to STABILIS FUND II, LLC, dated December 22, 2011, and recorded among the Land Records at Liber 14069, folio 126; and,

Indemnity Deed of Trust, Security Agreement, Assignment of Leases and Rents and Fixture Filing from DOWNTOWN REAL ESTATE, LLC, the Defendant, to JOHN BURSON, as Trustee for the benefit of WASHINGTON MUTUAL BANK, F.A., as Beneficiary, dated May 31, 2007, and recorded among the Land Records at Liber 9568, folio 97, encumbering real property known as 1224 ST. PAUL STREET, BALTIMORE CITY, MARYLAND; as assigned by Assignment of Deed of Trust, Security Agreement, Assignment of Leases and Rents and Fixture Filing from THE FEDERAL DEPOSIT INSURANCE CORPORATION, as Receiver for WASHINGTON MUTUAL BANK, formerly known as WASHINGTON MUTUAL BANK, F.A., to U.S. BANK NATIONAL ASSOCIATION, TRUSTEE OF THE WAMU 2007 MF-1 TRUST, dated September 13, 2010, and recorded among the Land Records at Liber 13321, folio 054; as assigned by Assignment of Deed of Trust, Security Agreement, Assignment of Leases and Rents and Fixture Filing from U.S. BANK NATIONAL ASSOCIATION, TRUSTEE OF THE WAMU 2007 MF-1 TRUST, to JPMORGAN CHASE BANK, N.A., dated November 18, 2010, and recorded among the Land Records at Liber 13321, folio 118; and as assigned by Assignment of Loan Documents from JPMORGAN CHASE BANK, N.A., to STABILIS FUND II, LLC, dated December 22, 2011, and recorded among the Land Records at Liber 14069, folio 186; and,

PROPERTY DESCRIPTION: THE LEGAL DESCRIPTIONS OF THE FOURTEEN LOTS OR PARCELS OF REAL PROPERTY TO BE SOLD (INDIVIDUALLY AS WELL AS COLLECTIVELY, AS THE CONTEXT REQUIRES, THE “PROPERTY”) ARE AS FOLLOWS:

BEGINNING for the same on the North side of Biddle Street at the distance of one hundred forty-eight feet one and one-half inches Westerly from the corner formed by the intersection of the North side of Biddle Street and the West side of St. Paul Street, and which place of beginning is designed to be in the center of the partition wall between the house erected on the ground now being described and the Westernmost house erected on the lot adjoining on the East; and running thence Northerly through the center of said partition :wall and parallel with St. Paul Street, in all, one hundred eight feet to the South side of an alley ten feet wide extending from Lovegrove Alley to another alley ten feet wide extending from Biddle Street to Preston Street thence Westerly binding on the South side of said first mentioned ten foot alley with the use of both of said alleys in common and parallel with Biddle Street, eighteen feet, thence Southerly parallel with St. Paul Street and through the center of the partition wall between the house erected on the ground now being described and the house erected on the ground adjoining thereto on the West, in all, one hundred eight feet to the North side of Biddle Street; and thence Easterly binding on the North side of Biddle Street eighteen feet to the place of beginning. THE IMPROVEMENTS THEREON BEING KNOWN .AS 12 E. BIDDLE STREET.

BEGINNING for the same on the south side of Eager Street at the distance of 88 feet west from the southwest corner of Eager Street and St. Paul Street, which place of beginning is designed to be at the center of the partition wall between the house on the lot now being described and the house on the lot next adjacent on the east; thence west binding on the south side of Eager Street 19 feet to the center of a partition wall between the house on the lot now being described and the house on the lot next adjacent to the west; thence south through the center of said last mentioned partition all and continuing the same course, in all, 119 feet 3 inches to the center of a 10 foot alley; thence east along the center of said alley, with the use thereof in common, 19 feet to intersect a line drawn south from the place of beginning through the center of the partition wall first mentioned in this description; and thence north reversing the line so drawn and binding thereon 119 feet 3 inches to the place of beginning. THE IMPROVEMENTS THEREON BEING NOW KNOWN AS NO 15 E. EAGER STREET.

BEGINNING for the same on the north side of Preston Street at a point distant 69 feet 10 ½ inches westerly from the intersection of the north side of Preston Street and the west side of Calvert Street, and running thence westerly binding on the north side of Preston Street 17 feet 3 inches thence northerly parallel with Calvert Street 100 feet to the north side of an alley 5 feet wide there laid out and to be left open running parallel with Preston Street into Hargrove Alley from the east, thence easterly parallel with Preston Street and binding on the north side of said 5 foot alley with the use thereof in common 17 feet 3 inches thence southerly parallel with Calvert Street 100 feet to the place of beginning. THE IMPROVEMENTS THEREON BEING KNOWN AS NO. 110 EAST PRESTON STREET.

BEGINNING for the same from the north side of Preston Street 52 feet 7 1/2 inches westerly from the corner formed by the intersection of the north side of Preston Street and the west side of Calvert Street and running thence westerly on the north side of Preston Street 17 feet 3 inches thence northerly parallel with Calvert Street 100 feet to the north side of a 5 foot alley, thence easterly parallel with Preston Street binding on the north side of said alley with the use thereof in common 17 feet 3 inches, and thence southerly parallel with Calvert Street 100 feet to the place of beginning. THE IMPROVEMENTS THEREON BEING KNOWN AS NO. 112 EAST PRESTON STREET.

BEGINNING for the same on the north side of Preston Street at a point distant 35 feet 4 ½ inches Westerly from the intersection of the north side of Preston Street and the west side of Calvert Street, and running thence westerly binding on the north side of Preston Street 17 feet 3 inches, thence northerly parallel with Calvert Street 100 feet to the north side of an alley 5 feet wide there laid out and to be left open running parallel with Preston Street into Hargrove Alley from the west, thence easterly parallel with Preston Street and binding on the north side of said alley with the use thereof in common 17 feet 3 inches, and thence southerly parallel with Calvert Street 100 feet to the place a beginning. THE IMPROVEMENTS THEREON BEING KNOWN AS NO. 114 EAST PRESTON STREET.

BEGINNING for the same at the corner formed by the intersection of the north side of Monument Street and the west side of Tyson Street (formerly Lerews Alley) and running thence westwardly bounding on Monument Street twenty-four feet thence northwardly parallel with Tyson Street one hundred and twenty-eight feet to an alley three feet wide laid out by Henry R. Curley thence eastwardly bounding on the south side of that alley with the use and privilege of the same and parallel with Monument Street twenty-four feet to Tyson Street and thence southwardly bounding on the west side of Tyson Street one hundred and twenty-eight feet to the place of beginning. THE IMPROVEMENTS THEREON BEING KNOWN AS NO. 214 W. MONUMENT STREET.

BEGINNING for the same on the east side of Park Avenue at the distance of 24 feet southerly from the southeast corner of Park Avenue and Madison Street; and running thence southerly binding on the east side of Park Avenue 24 feet; thence easterly parallel with Madison Street 105 feet to the westernmost outline of the parcel of ground described in a deed from William E. Marling to Ida Roos dated July 11 1946, and recorded among the Land Records of Baltimore City in Liber M.L.P. No. 6957, folio 235, thence northerly parallel with Park Avenue and binding along a part of said outline 24 feet to the southernmost extremity of a proposed 3-foot alley extending southerly from Madison Street and lying west of and adjacent to a portion of said westernmost outline of the lot conveyed by Marling to Roos as aforesaid; and thence westerly crossing said southernmost extremity of said proposed 3-foot alley and continuing the same direction parallel with Madison Street, in all, 105 feet to the place of beginning. THE IMPROVEMENTS THEREON BEING KNOWN AS NO. 717 PARK AVENUE.

BEGINNING for the same at the corner formed by the intersection of the North side of Biddle Street and the West side of St. Paul Street; and running thence Northwardly binding on the West side of St. Paul Street, twenty-two feet or thereabouts to the center of the partition wall between the house erected on the lot now being described and the house erected on the ground adjoining to the North; thence Westwardly through the center of that partition wall and parallel with Biddle Street; in all, one hundred two feet to the East side of an alley ten feet wide; thence Southwardly binding on the East side of that alley with the right, use and privilege of the same in common and parallel with St. Paul Street, twenty-two feet or thereabouts to the North side of Biddle Street and thence Eastwardly binding on the North side of Biddle Street, one hundred two feet to the place of beginning. THE IMPROVEMENTS THEREON BEING KNOWN AS 1200 ST. PAUL STREET.

BEGINNING for the same on the west side of St. Paul Street at the distance of 102 feet more or less North from Biddle Street and at the center of a partition wall there being and running thence North on the west side of St. Paul Street 20 feet more or less to the center of a partition wall thence west along the center of said. Last mentioned wall and parallel to Biddle Street 102 feet more or less to the east side of an alley 10 feet wide, thence south on the east side of said alley with the use thereof in common with others and parallel to St. Paul Street 20 feet more or less to intersect a line drawn to the place of beginning through the center of said first mentioned partition wall and parallel to Biddle Street and thence east reversing the line so drawn and binding thereon 102 feet more or less to the place of beginning. THE IMPROVEMENTS THEREON BEING KNOWN AS NO. 1210 ST. PAUL STREET.

BEGINNING for the same on the line of the west side of St. Paul Street at the distance of one hundred twenty-two feet, more or less, northerly from the corner formed by the intersection of the north side of Biddle Street and the west side of St. Paul Street, which place of beginning is designed to be in the center of the partition wall between the house erected on the lot of ground now being described and the house erected on the lot of ground thereto adjoining to the south; and running thence northerly on the west side of St. Paul Street twenty feet, more or less, to the center of the partition wall between the house erected on the lot of ground now being described and the house on the lot of ground adjoining to the north; thence westerly through the center of said last mentioned partition wall and parallel with Biddle Street, in all, one hundred two feet to the east side of an alley ten feet wide; thence southerly on the east side of said alley, with the use thereof in common, and parallel with St. Paul Street twenty feet, more or less, to intersect a line drawn from the place of beginning westerly through the center of the first mentioned partition wall and parallel with Biddle Street; and thence easterly reversing said line so drawn and binding thereon, in all, one hundred two feet to the place of beginning. THE IMPROVEMENTS BEING NOW KNOWN AS NO. 1212 ST. PAUL STREET.

BEGINNING for the same on the line of the west side of St. Paul Street at the distance of 139 feet and 8 inches or thereabouts southerly; from the corner formed by the intersection of the south side of Preston Street (formerly called John Street) and the west side of St. Paul Street which place of beginning is designed to be in the center of the partition wall between the house erected on the ground now being described and the house erected on the ground thereto adjoining to the north and running thence southerly binding on the west side of St. Paul Street 19 feet 8 inches or thereabouts to the center of the partition wall between the house erected on the ground now being described and the house erected on the ground thereto adjoining to the south thence westerly through the center of said last mentioned partition wall and parallel with Preston Street in all 102 feet to the east side of any alley 10 feet wide extending from Biddle Street to Preston Street thence northerly binding on the east side of that alley with the right use and privilege of the same in common and parallel with St. Paul Street 19 feet and 8 inches or thereabouts to intersect a line drawn from the place of beginning westerly through the center of the partition wall first mentioned in this description and parallel with Preston Street and thence easterly reversing the said line so drawn and binding thereon in all 102 feet to the place of beginning. THE IMPROVEMENTS THEREON BEING KNOWN AS 1216 ST. PAUL STREET.

BEGINNING for the same on the line of the west side of St. Paul Street 120 feet or thereabouts southerly from the intersection of the south side of Preston Street and the west side of St. Paul Street which place of beginning is designed to be in the center of a partition wall between the house on the lot herein described and that on the lot adjoining to the north running thence southerly on the west side of St. Paul Street 19 feet and 8 inches or thereabouts to the center of the partition wall between the house on the lot herein described and that on the lot adjoining to the south thence westerly through the center of the lastly; named wall and parallel with Preston Street in all 102 feet to a 10 foot alley thence northerly binding on said alley with the use thereof in common 19 feet and 8 inches to intersect a line drawn from the place of beginning westerly through the center of the first named partition wall and parallel with Preston Street and thence easterly; reversing the line so drawn and binding thereon in all 102 feet to the place of beginning. THE IMPROVEMENTS THEREON BEING KNOWN AS NO. 1218 ST. PAUL STREET.

BEGINNING for the same on the East side of St. Paul Street at the distance of two hundred fifty-three feet three and one-half inches, more or less Southerly from the corner formed by the intersection of the East side of St. Paul Street and the South side of Chase Street, which place of beginning is designed to be at the center of the division or partition wall between the house on the lot now being described and the house on the lot adjoining on the North; and running thence Southerly binding on the East side of St. Paul Street eighteen feet six inches; more or less, to the center of the division or partition wall between the house on the lot now being described and the house on the lot adjoining to the South; thence Easterly through the center of the last mentioned division or partition Wall, and parallel with Chase Street one hundred twenty three feet, more or less, to an alley ten feet wide; thence Northerly binding on said alley; with the use thereof in common and parallel with St. Paul Street eighteen feet six inches, more or less, to intersect a line drawn Easterly from the place of beginning through the center of the division or partition wall first mentioned in this description; thence reversing said line so drawn and binding thereon Westerly one hundred twenty three feet, :more or less, to the place of beginning. THE IMPROVEMENTS THEREON BEING KNOWN AS NO. 1017 ST. PAUL STREET.

BEGINNING for the same on the line of the west side of St Paul Street at the distance of 80 feet 8 inches or thereabout southerly from the corner formed by the intersection of the south side of John (now Preston) Street and the west side of St. Paul Street which place of beginning is designed to be in the center of the partition wall between the house erected on the ground now being described and the house erected on the ground thereto adjoining to the north, and running thence southerly binding on the west side of St. Paul Street, 19 feet 8 inches or thereabouts to the center of a partition wall between the house erected on the ground now being described and the house erected on the ground thereto adjoining to the south. thence westerly through the center of said last mentioned partition wall and parallel with John Street in all 102 feet to the east side of an alley 10 feet wide extending from Biddle to John Street and thence northerly binding on the east side of that alley with right, use and privilege of same in common and parallel to St. Paul Street, 19 feet 8 inches or thereabout to intersect a line drawn from the place of beginning westerly through the center of the partition wall first mentioned in this description and parallel to John Street and thence easterly reversing said line so drawn and binding thereon, in all, 102 feet to the place of beginning. THE IMPROVEMENTS THEREON BEING KNOWN AS NO. 1222 ST. PAUL STREET.

BEGINNING for the same on the line of the west side of St. Paul Street at the distance of 61 feet or thereabouts southwardly, from the corner formed by the intersection of the south side of Preston Street and the west side of St Paul Street which place of beginning is designed to be in the center of the partition wall between the house erected on the ground now being described and the house erected on the ground adjoining to the north; and running thence southwardly binding on the west side of St. Paul Street 19 feet 8 inches or thereabouts to the center of the partition wall between the house erected on the ground now being described and the house erected on the ground adjoining thereto on the south; thence westwardly through the center of the last mentioned partition wall and parallel with Preston Street in all 102 feet to the east side of an alley 10 feet wide, extending from Biddle Street to Preston Street; thence northwardly binding on the east side of said alley with the right, use and privilege of the same in common and parallel with St. Paul Street 19 feet 8 inches or thereabouts to intersect a line drawn from the place of beginning westwardly through the center of the .partition wall first mentioned in this description and parallel with Preston Street, and thence eastwardly reversing the line so drawn and binding thereon in all 102 feet to the place of beginning. THE IMPROVEMENTS THEREON BEING KNOWN AS NO. 1224 ST. PAUL STREET.

CONDITIONS OF SALE: THE FOLLOWING CONDITIONS OF SALE shall apply separately to each of the fourteen lots or parcels to be sold:

As Is, Where Is Sale
.   The Property will be sold in an “AS IS/WHERE IS” condition without any representations or express or implied warranties of any nature whatsoever.  In particular, the Substitute Trustees make no representation or warranty with respect to: (1) the sufficiency, adequacy, scope, safety, quality, condition, suitability or other aspects of any construction of or renovations to any building or any other improvements; (2) the existence, nonexistence, or continued existence, validity, scope, nature or applicability of any zoning, land use, development, occupancy or other governmental permits or approvals with respect to the Property or any improvements thereon; (3) flood zone designations of the Property; (4) fitness of the Property for habitation or any other particular purpose or use; (5) the structural integrity or condition of any improvements located on the Property; (6) compliance of the Property with the Americans with Disabilities Act or any and all zoning or building laws, regulations and ordinances; (7) ingress, egress or access to the Property, whether vehicular, pedestrian or otherwise; (8) the rights of parties in possession, if any, or the existence, validity, terms, conditions or other matters with respect to any lease of all or any portion of the Property; (9) the existence of any security deposits or rental payments;  or (10) the existence, availability or adequacy of parking spaces.

Possession
.      Neither the Substitute Trustees nor the Beneficiary shall have any obligation to obtain possession of the Property. It shall be the purchaser’s obligation, at the purchaser’s sole cost, to obtain possession of the Property.

Risk of Loss
.  RISK OF LOSS, INSURABLE OR OTHERWISE, SHALL PASS TO THE PURCHASER IMMEDIATELY AND AUTOMATICALLY AT THE TIME OF SALE.  Neither the Substitute Trustees nor the Beneficiary shall have any obligation to obtain or maintain any insurance coverage with respect to the Property.

Sale
Subject to Easements, Other Matters of Title.  The Property shall be sold subject to: (1) any easements,  restrictions, declarations, and restrictive covenants of record affecting the same; (2) any and all disclosures, easements and conditions on any plats of record affecting all or any portion of the Property; (3) any encroachments, overlaps, boundary line disputes and other matters which could be disclosed by an accurate survey of the Property; (4)any matters which would be disclosed by a physical inspection of the Property;  (5) any and all environmental conditions, problems and/or violations, if any, that may exist on, affect or relate to the Property; and (6) any and all zoning laws, regulations and ordinances or governmental permits or approvals affecting the Property.  The Property shall not be sold subject to, and shall be sold free and clear of any leases on or related to the Property.

Waivers. The purchaser waives and releases the Substitute Trustees and the Beneficiary, and each of their respective agents, successors and assigns from any and all claims the purchaser and/or its successors and assigns may now have or may have in the future relating to: (a) any environmental condition, problem or violation affecting all or any portion of the Property; (b) any existing or future building and/or zoning code problems or violations, and (c) the accuracy or validity of any estimated information described in this Notice of Sale.

Summary terms of sale: THE FOLLOWING TERMS OF SALE shall apply separately to each of the fourteen lots or parcels to be sold:

This advertisement, as amended or supplemented by any oral announcements during the conduct of the sale, constitutes the Substitute Trustees’ entire terms upon which the Property shall be offered for sale, sold or purchased.  The Substitute Trustees reserve the unqualified right to withdraw the Property, in whole or in part, at any time before sale or to release the Property, in whole or in part, from the mortgage lien at any time before the sale.

If the Substitute Trustees determine that the opening bid for the Property is not commensurate with the value of the Property, they may reject the bid and withdraw the Property from sale.  If any dispute arises among the bidders, the Substitute Trustees shall have the sole and final discretion either to determine the successful bidder or to reoffer and resell the Property.

A cash deposit or certified check made payable to the Substitute Trustees in the amount of $40,000 will be required of the purchaser at the time and place of sale.  The purchaser is required to increase its deposit to 10% of the bid price within 10 business days following the sale by delivering to the Substitute Trustees, c/o Miles & Stockbridge P.C., 10 Light Street, Baltimore, Maryland 21202, a certified check payable to the Substitute Trustees.  All deposits shall be held by the Substitute Trustees in a non-interest bearing escrow account to be applied to the purchase price at the time of settlement. If the Beneficiary (or its nominee) is the successful bidder, it shall not be required to post a deposit. The balance of the purchase price for the Property, together with interest at the rate of ten percent (10%) per annum on the unpaid purchase money from the date of sale to date of settlement (as hereinafter specified) must be paid in cash or by certified check at the date of settlement.  The Substitute Trustees reserve the right, but have no obligation to waive or reduce the amount of interest payable on the unpaid balance of the purchase price for the Property.

All taxes (except outstanding real property taxes, which shall be the sole responsibility of the Purchaser) and assessments, including, but not limited to,  transfer taxes, rents, ground rents, condominium fees and assessments, other public charges, sewer charges, water rents, regular and special assessments, utilities or similar items, if any, payable on an annual or any other basis shall be adjusted as of the date of the foreclosure sale and thereafter assumed and paid by the purchaser at settlement.  The purchaser shall pay all expenses and costs required for or incident to its settlement, including, without limitation, all state and local recordation and transfer taxes, recording taxes and fees, title examination costs, title insurance premiums, and attorneys’ fees.

The purchaser shall settle and comply with the sale terms respecting the sale of the Property within ten (10) days after the Circuit Court for Baltimore City, Maryland, finally ratifies the sale, unless that ten (10) day period is extended by the Substitute Trustees, their successors or assigns, for good cause shown, but at any rate in the sole and unfettered exercise of the Substitute Trustees’ discretion.

Time is of the essence of each and every provision of these terms of sale.

If the purchaser defaults, in addition to any other legal or equitable remedies available to them, the Substitute Trustees may declare the entire deposit forfeited and resell the Property at the risk and cost of the defaulting purchaser.  The purchaser shall not be entitled to any surplus proceeds or profit resulting from any resale of all or any portion of the Property.

LIABILITY OF SUBSTITUTE TRUSTEES AND BENEFICIARY:

Neither the Substitute Trustees nor the Beneficiary are liable individually or otherwise for any matter relating to the sale or to the Property, except that if title to the Property cannot be transferred in accordance with the terms contained in this Notice of Sale for any reason, then such liability is limited to the return of the purchaser’s deposit.  There shall be no other rights or remedies against the Substitute Trustees and/or the Beneficiary, either in law or equity. 

The material contained in this Notice of Sale describing the Property has been obtained from sources believed to be reliable; but neither the Substitute Trustees nor the Beneficiary make any warranty of any nature, either express or implied, as to the accuracy of any description.  Any dimensions, areas, sizes or quantities referred to in this Notice of Sale are approximate.

Click Here For The Full Sale Terms In PDF Format


Bradd Caplan Auction Agent
443-470-1428
PLEASE NOTE
The information contained herein was obtained from sources deemed reliable, but is offered for informational purposes only. The Auctioneer, the Sellers, and their respective agents and representatives do not make any representations or warranties with respect to the accuracy of the information contained herein. Prospective purchasers are urged to make their own inspection.